PPAP Automotive Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on April 3rd, 1978 as a partnership firm by three partners viz. Devendra Chandra Jain (HUF), Ms Asha Jain and Ms Vinay Kumari Jain in the name and style of M/s Precision Pipes and Profiles Company, having office at 4498,Raja Patni Street, Pahari Dhiraj,Sadar Bazar, Delhi, with the intention of carrying out business of manufacturing of profiles and plastic goods and other products.

Our Firm was converted into a public limited company vide certificate of incorporation datedOctober 18, 1995 under Part IX, of the CompaniesAct, 1956 under the name of M/s Precision Pipesand Profiles Company Ltd. Our Company got the certificate of commencement of business from the Registrar of Companies, Delhi & Haryana on November 1, 1995.

Our first manufacturing unit was established in the year 1978 in Mayapuri Industrial Area, Delhi which was shifted to 54-56 Okhla Industrial Estate Phase III, New Delhi in the year 1980. This unit manufacturescustomized profiles for white goods and construction industries. The present capacity of this unit stands at 7,50,000 kg.

In the year 1989, we entered into a technical collaboration agreement with Tokai Kogyo Company Limited, Japan. Later in the year we established a manufacturing unit with installed capacity of 1,20,000 kg (which presently stands at 3,00,000 kg) at 161, Okhla Industrial Estate, Phase III, New Delhi for the manufacturing of PVC profiles to be used in the automobile industry.

In the year 1992, we established another manufacturing unit at 70, Okhla Industrial Estate , New Delhi formanufacturing of PVC profiles for automobile industries to add further capacity of 30,000 kg (which presently stands at 10,00,000 kg).In the year 1998, we established our fourth plant at B-45, Phase -II, Noida adding further capacity of 7,00,000 kg. The current capacity of this unit is 15,00,000 kg

In the year 2004, we established our fifth plant at B-206 A, Sector -81, Phase - II, Noida, with a capacity of 12,00,000 kg.

The current combined capacity of all our units aggregates to 47,50,000 kg.

We were awarded ISO 14001 Certification by TUV, Germany for automobile products. We were awarded ISO 14001 Certification by TUV, Germany for White Goods Industry in the year 2004. Our Company has been awarded SME-IRating by CRISIL in the year 2006 and it has been renewed in the year 2007. We have also been selected among the top 3 entries in "ICICI Bank presentsCNBC TV 18's Emrging India Awarsd - Auto Ancillary and Engineering.

Major events in the history of our Company since inception

Year Event1978 The Company was incorporated as a Partnership firm in the name of Precision Pipes and ProfilesCompany.

1978 Commencement of manufacturing of specialty profiles for white good industry from MayapuriIndustrial Area, New Delhi.

-Precision Pipes And Profiles Company Limited has informed that Mr. Dinesh Gupta, Chief Finance Officer of the Company, has been given an additional charge of Company Secretary cum Compliance Officer by the Board of Directors of the Company.

2010

- Precision Pipes and Profiles Company Ltd has appointed Mr. Ashoak Agarwal as Non-Executive independent Director of the Company with effect from March 15, 2010.

2011

- The Board of Directors have declared the interim dividend of Rs. 2 per share having face value of Rs. 10/- each (i.e. 20%) for the financial year.

2013

-Mr. Bhuwan Kumar Chaturvedi and Ms. Vinay Kumari Jain have been appointed as Additional Directors of the Company.

2014

-Name of the Company has been changed from Precision Pipes and Profiles Company Limited to PPAP AUTOMOTIVE LIMITED with effect from May 16, 2014

2015-PPAP Automotive Ltd has received "SILVER AWARD" in the category of 'DELIVERY' from Honda Cars India Limited